HDFC Life Super Income Plan
HDFC Life Super Income Plan
A qualified regular income plan, the HDFC Life Super Income Plan offers guaranteed rewards and bonuses to help you better strategize your investment needs.
Key Features
There are goals and aspirations you make for your family and yourself as you enter various stages of life. However, this does not relieve you of your regular obligations to manage your home, pay for health care, pay for school, etc. We provide you with these insurance plans so that you can keep living your aspirations without having to sacrifice one dream for the other. Here are some exclusive features of this insurance plan:
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Avail regular income for a payout period of 8 to 15 years. Your regular income comprises Guaranteed Base Income (GBI) payouts, varying from 8.0% to 12.5% of the sum assured on maturity, payable every year.
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At the end of the policy term, you get a maturity payout amount, which is the aggregate of accrued bonuses and the last guaranteed payout amount.
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Your regular income and maturity benefit will be tax-free under Sec 10 (10D) of Income Tax Act, 1961.
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Avail tax benefit on premiums paid under Sec 80C of the Income Tax Act, 1961.
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A variety of plan alternatives with different premium payment and policy term combinations to fit your income goals.
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The freedom to select the frequency of premium payments, such as monthly, quarterly, half-yearly, or annual.
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Limited term of 8, 10, or 12 years for premium payment.
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Annual income that is guaranteed for a period of 8, 10, 12, or 15 years.
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Financial security against untimely death during the term of premium payments and the payout period.
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You have the option of choosing hassle-free issuance based on a short medical questionnaire, which does away with time-consuming medical exams.